Heinrich currently serves as a member of the Senate Joint Economic Committee. He argues that 40 million households will see their taxes increase because the plan threatens to eliminate what are known as state and local tax (SALT) deductions. SALT deductions allow taxpayers who itemize to deduct some of their local taxes on their federal taxes.
U.S. Sen. Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, issued the following statement after the Department of Labor announced 33,000 jobs were lost in September
Oct 06 2017
Politico - Economy lost 33,000 jobs in September
Sen. Martin Heinrich (D-N.M.), ranking member of the Joint Economic Committee, said that the "job numbers underscore the gravity of the task at hand — to rebuild families’ lost homes, businesses, and communities in the wake of the devastating hurricanes."
Oct 06 2017
Heinrich Statement on September Jobs Report
Today’s job numbers underscore the gravity of the task at hand—to rebuild families’ lost homes, businesses, and communities in the wake of the devastating hurricanes that have affected Americans across the South, Southeast, Virgin Islands and Puerto Rico. America needs to rebuild, and now is the time to invest in a comprehensive infrastructure plan that will create good-paying jobs and promote economic growth. We also need leadership to address the dire effects of climate change.
For the past five years, the Deferred Action for Childhood Arrivals (DACA) program has allowed some of the brightest young people in our communities to pursue their dreams and deliver significant benefits to the U.S. economy. Thanks to the contributions of DACA recipients — sometimes called Dreamers — our economy is stronger, we have more businesses, and our tax base is larger.
Oct 03 2017
Heinrich Opening Statement at Joint Economic Committee Hearing on Tax Reform and Entrepreneurship
U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, delivered the following statement at today’s hearing entitled “The Startup Slump: Can Tax Reform Help Revive Entrepreneurship?” Ranking Member Heinrich highlighted in his opening remarks that the Republican tax reform proposal overwhelmingly benefits the wealthiest individuals and corporations, not entrepreneurs or small businesses.
U.S. Sen. Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, issued the following statement Sept. 25 after the Congressional Budget Office (CBO) released a preliminary score of Graham-Cassidy.
The Senate Joint Economic Committee has a new report on the digital divide, spearheaded by ranking member Martin Heinrich (D-N.M.) It looks at gaps in broadband access and speed across the U.S.
Sep 26 2017
The Bismark Tribune - Advocates: GOP health plan would hurt North Dakota’s most vulnerable
An estimated 47,000 North Dakotans would have lost health coverage under the Graham-Cassidy bill, according to a projection by the left-leaning Center for American Progress. The bill would have also repealed tax credits that more than 17,000 middle-income North Dakotans use to make their health insurance affordable, according to the congressional Joint Economic Committee.
Joint Economic Committee Democrats released an explainer today that breaks down the devastating impact Graham-Cassidy would have on health care in the United States. The current Republican health care plan is even worse than a full repeal of the Affordable Care Act—it slashes Medicaid, allows insurers to discriminate against those with pre-existing conditions, increases costs of insurance for working Americans, and according to CBO would strip comprehensive coverage from millions of people
